Glossary term
Glossary term
Product and Operations
Any standard ("classic") machine learning system.
The term predictive ML doesn't have a formal definition. Rather, the term distinguishes a category of ML systems not based on generative AI.
Created for this library
A retail analytics team applies predictive ML to forecast sales, inventory, and pricing decisions across thousands of SKUs.
A bank's risk team applies predictive ML to estimate credit default risk per applicant for retail lending.
A subscription business applies predictive ML to estimate churn probability per customer for retention outreach.
Definition source: Google for Developers Machine Learning Glossary | Creative Commons Attribution 4.0 License